[Scythian]

"PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation..

Revenue, on the other hand, rises 8.9% to S$7.7 billion"
https://www.businesstimes.com.sg/compani...%20billion

[Scythian]

The Red Sea conflict in 2024.

 This forced many ships to reroute through the Cape of Good Hope, Africa, to avoid the conflict zone, increasing their journey time and leading to more ships stopping in Singapore for refueling and transshipment. 

Note
Why Singapore port, PSA not making more money?

[Scythian]

Strange

How can that happy?

Red Sea conflicts reportedly causing container ships congestion in Singapore territorial water

So, how can PSA profit declined?

[Blin]

"PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation..

Revenue, on the other hand, rises 8.9% to S$7.7 billion"
https://www.businesstimes.com.sg/compani...%20billion

Sub cons make more?.

[ysh02]

Sub con make what type money and PSA make from what har.. ?